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South Dakota LLC vs Wyoming LLC with South Dakota registration

Forming in South Dakota costs $150; forming in Wyoming costs $100 and then South Dakota charges $750 to register it, so $850 to start.

Line by line

State feeLLC formed in South DakotaLLC formed in Wyoming, registered in South Dakota
Formation in WyomingNone$100
Formation in South Dakota$150None
South Dakota foreign registrationNone$750
Wyoming yearly filing, two yearsNone$120
South Dakota yearly filing, two years$110$110
Two years of state fees$260$1,080

Over two years the Wyoming route costs $820 more in state fees than forming at home.

State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.

If you register in South Dakota

Mainstay Filing prepares the South Dakota registration (Application for Certificate of Authority, Foreign Limited Liability Company) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for South Dakota are on the South Dakota page.

Where the numbers come from

Wyoming: formation and yearly filing from Wyoming’s own pages. South Dakota: foreign registration and yearly filing from the South Dakota Secretary of State and the sources on the South Dakota page.